Market comment

Обзоры рынка 07.06.2013 Ukrainian equities showed a mixed performance in trading on Thursday, June 6 amidst European disappointment with the ECB’s unchanged rates and lowered growth outlook for the year. The WIG Ukraine Index of Warsaw-traded stocks inched up 0.1%, owing to ongoing demand for the shares of sugar maker Astarta (AST PW +2.6%), which have risen 12.5% in seven straight positive sessions. Yet the Index had big decliners, led by farmer and food processor Agroton (AGT PW -4.9%), car battery maker WESTA (WES PW -4.3%) and Coal Energy (CLE PW -4.2%). In London, Regal Petroleum (RPT LN) advanced 2.4% despite reporting weak natural gas flow at one of its new wells. Cadogan Petroleum (CAD LN) improved 1.6%, or 10.1% in two sessions. In Kyiv, the Ukrainian Exchange (UX) Index fell 0.4%, weighed down by the shares of engine maker Motor Sich (MSICH UK -2.0%), which are down 4.1% this month.